Rental of the Day: 475 Sterling Place, #5F
We know Crown Heights is getting trendy, but the asking rent on this three-bedroom, two-bath condo near the Prospect Heights border seems like a stretch. But the 1,736-square-foot pad is large and modern with big floor-to-ceiling windows. It also has a sizable private terrace and a washer/dryer. The building features a part-time doorman, gym, common…
We know Crown Heights is getting trendy, but the asking rent on this three-bedroom, two-bath condo near the Prospect Heights border seems like a stretch. But the 1,736-square-foot pad is large and modern with big floor-to-ceiling windows. It also has a sizable private terrace and a washer/dryer. The building features a part-time doorman, gym, common roof deck and shared garden. Do you think it’ll fly for $4,750 a month?
475 Sterling Place, #5F [Corcoran] GMAP
Rented.
>> That’s a whole lotta money for a white box in an ugly building.
The building has very strong appeal and I predict it gets rented at ask or close. Location is key: It’s smack dab in the middle of very popular restaurants, bars, shops, services, etc in any direction you look: On Washington from Eastern Parkway all the way North up to Bergen. To the West you have all of Prospect Heights/Vandy and to the East you have everything that Classon &Franklin Aves have going on at the moment. Don’t forget the museums, the Park, the Botanical Gardens, great access to 2/3/4/5.
>> Just not there yet
I dunno…does a building that sold a 2BDRM nine months ago for 851K “there”? 2BDRM 1200SQFT units in Forte Condo are renting at $4,500. Is Ashland Pl/Fulton there? Personally I’d rather be at Wash/Sterling in a 600sqft bigger apt, with an extra BDRM (maybe an office?), and a huge private deck if the price is the same. And not for nothing, if you get tired of your massive private deck there’s the bigger common deck down the hall for grilling, or the garden out back (also w/grill) right next to a nicely equipped gym.
>> There is no way this will rent for that.
Just for fun, what will it rent at since we’re so sure of ourselves? 🙂
lol! Corcoran ALWAYS overprices everything just to get the listing. Owners fall for it all the time. There is no way this will rent for that. Just not there yet and yes, it is one cold box.